NOT LISTED FOR SALE

8624 SW 7th Ln Okeechobee, FL 34974

Estimated Value: $47,000 - $578,000

0.5 Acre
$782,916 Price per Acre
21,780 Sq Ft Lot

Last Sold October 19, 2021

Last sale price $32,000

Est. 1,123% increase in value since last sale

Current estimated payment $2,609/month

116 Days on Market

About This Lot

As of October 2021

Edgewater Acres- Large Lot on Cul-de-sac with Canal at rear of lot. High-end homes in neighborhood. Only 10 minutes to Okeechobee but all the advantages of Country Living.

Last Agent to Sell the Property

Katie Mcfarland

MCFARLAND REAL ESTATE CO License #3304472 Listed on: 06/28/2021

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $376

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 245x411
  • Property fronts a county road
  • North Facing Home
  • Cleared Lot
  • Property is zoned RSF

Utilities

  • Well Required
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edgewater Acres Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 1-22-37-34-0080-00000-0140

Property Details

Property Type

Land

Est. Annual Taxes

$376

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Directions to Property: Take Highway 70W. Turn South or Left on SW 87th Terrace. Turn Left on SW 5th Ln. Turn Right on SW 86th Ave. Turn Left on SW 7th Ln. Lot on Right on right of Cut-de-Sac.
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.91691
  • Price per Sq Ft: 1.47
  • Close to Original List Price Ratio: 0.82051
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 8624

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Front Footage: 245
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation, Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RSF
  • Parcel Number: 1-22-37-34-0080-00000-0140
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared
  • Lot Dimensions: 245x411
  • Price Per Acre: 64000
  • Flood Zone Code: x

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 376
  • Tax Block: 00,00
  • Tax Book Number: 7/59-60
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 24, 2021
Sold by
Rucks Chase
Bought by
Dabalos Derom and Roble Rekha
Seller's Agent
Katie Mcfarland
MCFARLAND REAL ESTATE CO
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$39,000
Sold Price
$32,000
Premium/Discount to List
-$7,000
-17.95%
Current Estimated Value
$391,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,458
Avg. Annual Appreciation
97.85%

Purchase Details

Closed on
Nov 12, 2019
Sold by
Youstin Ray and Youstin Heidie
Bought by
Rucks Chase

Purchase Details

Closed on
Oct 17, 2005
Sold by
Okee 40 Inc
Bought by
Youstin Ray and Youstin Heidie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,399
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dabalos Derom $32,000 Clear Title & Legal Services
Rucks Chase $27,000 Clear Title & Legal Services
Youstin Ray $26,000 Elite Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roble Rekha $375,000
Closed Roble Rekha R $370,496
Previous Owner Youstin Ray $23,399
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $32,000 -8.3% --
08/06/2021 08/06/21 Price Changed $34,900 -10.5% --
06/25/2021 06/25/21 For Sale $39,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,137 $363,944 $35,000 $328,944
2023 $527 $32,000 $32,000 $0
2022 $444 $23,000 $23,000 $0
2021 $404 $20,000 $20,000 $0
2020 $376 $18,000 $18,000 $0
2019 $302 $15,000 $15,000 $0
2018 $313 $17,500 $17,500 $0
2017 $268 $12,000 $0 $0
2016 $205 $10,000 $0 $0
2015 $190 $8,000 $0 $0
2014 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK220345

Stellar MLS

APN: R1-22-37-34-0080-00000-0140

Florida Okeechobee County Okeechobee 34974

8624 SW 7th Ln, Okeechobee, FL

This home is located at 8624 SW 7th Ln, Okeechobee, FL 34974 since 28 June 2021 and is currently estimated at $391,458. 8624 SW 7th Ln is a home located in Okeechobee County with nearby schools including South Elementary School, Osceola Middle School, and Okeechobee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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